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New Jersey Resources Corporation operates as an energy-services holding company, providing regulated gas distribution, and retail and wholesale energy services. The company operates through four segments: Natural Gas Distribution, Clean Energy Ventures, Energy Services, and Storage and Transportation. It serves residential customers in central and northern New Jersey; non-residential customers, such as commercial, industrial customers in the New York metropolitan area and seasonal businesses in Monmouth County, New Jersey; various state agencies; commercial and industrial customers in the states of Maryland, Pennsylvania, Virginia, Tennessee, Kentucky, Ohio, Maine and Oklahoma; local commercial or municipal counterparties or other agents located in Pennsylvania; shippers under the long-term transportation contract on the Rockies Express Pipeline; market participants in the PJM market for electric power under capacity transactions; transporters of oil through Seaway Crude Pipeline System from Cushing to Houston/Port Arthur areas of Texas; producers of natural gas in designated producing regions in the Appalachian basin. The company also operates renewable energy projects consisting primarily of solar farms located throughout New Jersey.
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